Bitcoin Forum

Economy => Service Discussion => Topic started by: pornluver on March 19, 2017, 03:38:24 PM



Title: Where to sell nicehash mining power?
Post by: pornluver on March 19, 2017, 03:38:24 PM
While I mine my self, I want to try buying from nicehash and sell that to other places.

To what other places I can sell?

I need pool that

Handles multiple coins

Auto exchange is nice because I don't have too many wallets.

Low fee. Margin may be low already.

That's it.

Where can I see nicehash api? I want to automate turning off order if price is no longer profitable. The nicehash both that I downloaded will automatically empty your whole nicehash account. So if price is no longer profitable and you put 10 BTC there, you will just throw money away.


Title: Re: Where to sell nicehash mining power?
Post by: DarkStar_ on March 19, 2017, 04:22:23 PM
MiningRigRentals is the only other selling/buying other's hash power service, but you probably won't be profitable as people selling on NiceHash already sell it at an higher amount than 100% PPS for their hashrate. Why do you want a pool that uses multiple coins, but auto exchanges? Seems kinda pointless and you are paying extra fees for that, so it would be better to use a bitcoin only pool.

How can you see if it is no longer profitable? If you aren't mining PPS, than the 'luck' of the pool would cause you to be profitable/not profitable.


Title: Re: Where to sell nicehash mining power?
Post by: SONG GEET on March 19, 2017, 07:06:12 PM
While I mine my self, I want to try buying from nicehash and sell that to other places.
No this will not be profitable and may be even not be possible.

Miningrigrentals and nicehash are the only marketplace to buy/sell mining power and miningrigrentals doesn't provide any api to automate the process of buying/selling. Nicehash has api here https://www.nicehash.com/?p=api you can play with it but i haven't tried it personally.